Mobile Commerce transactions are increasing at staggering rates. If you haven’t already taken your ecommerce solution mobile, now is certainly the time. You’ll want to either develop a responsive ecommerce site that caters to all devices, a specialized solution that recognizes the customers device and serves the optimal site format, a custom mobile ecommerce app for IOS/Android, or even better, do all 3. Here’s why:

Mobile Devices Proliferation

The number of mobile devices exceeds Earth population. (Source: Cisco)

Sellers shipped over one billion smartphones in 2013. The growth was 38.4% compared to 725.3 million shipped in 2012. (Source: International Data Corporation)

More than 30% of US internet users have a tablet device. (Source: eMarketer)

56% of US grown-ups have smartphones. (Source: Pew Internet & American Life Project, 2013)

US smartphone users will amount 207 million by 2017 (compare to 140 million in 2013) , and 3 billion users all around the world. (Source: mobilecommercedaily.com)

Mcommerce

In 2017, about 25% of online retail transactions in the U.S. will be made using mobile devices. (Source: eMarketer)

By 2017, about 70% of online buyers will make a purchase on a mobile device. (Source: eMarketer)

Mobile retail payments reached $182B in 2013, and by 2018, they are expected to be over $700B. (Source: Juniper)

Nearly$700 billion are supposed to be transacted and affected by smartphones in 2016. (Source: Deloitte)

US online sales exceeded $2B on Cyber Monday 2013, the first time per single day. (Source: comScore Inc.)

US mobile coupon users will reach 53.2 million in 2014. (Source: eMarketer, 2013)

16B transport and events tickets will be bought annually on mobile devices by 2018, 3 times more than in 2013. (Source: Juniper)

30% of mobile customers will likely abandon a transaction if they do not face mobile-friendly experience. (Source: MoPowered)

Other Mobile Commerce and Mobile Facts

Over 1.2 billion people access the web using their mobile devices. (Source: Trinity Digital Marketing)

25% of smartphones will be phablets (smartphones with big screens) in 2014. (Source: International Data Corporation)

75% of IT security professionals believe that mobile devices will pose the biggest threat to companies’ security in 2014. (Source: Phenomenon Institute, Lumension)

In 2013, the number of mobile subscriptions around the world clocks in at 2.2 billion. In 2019, they will reach 6.4 billion. (Source: Ericsson)

36% of emails from retailers are opened exclusively on mobile devices. (Source: Knotice)

Samsung had 31.3% of smartphones market share in 2013; Apple had 15.3%. (Source: International Data Corporation)

91% of mobile internet visits are made for social activities, versus just 79% on desktops. (Source: Microsoft)

One quarter of all searches are mobile-based. (Source: The Search Agency)

(Even more) Mobile Commerce Facts

Sellers shipped over one billion smartphones in 2013

Mobile retail payments reached $182B in 2013, and by 2018, they are expected to be over $700B

The conversion rate on tablets is almost three times higher than the smartphone conversion rate.

89% of Japanese customers purchase online using their mobile devices.

36% of emails from retailers are opened exclusively on mobile.

This impressive collection of mobile data was compiled by the great folks over at Aheadworks – Makers of some very useful magento extensions and analytical software.
Source: http://blog.aheadworks.com/2014/01/50-amazing-mcommerce-and-mobile-facts/